Investment 22/10/2025

The Hang Seng Index opened 301 points higher at 26,160, extending its gains to 508 points at a peak of 26,367 before retracing its gains in the afternoon. The Hang Seng Index rose 168 points, or 0.65%, to 26,027. The Tech Index rose 74 points, or 1.26%, to 6,007. Main Board turnover reached HK$264.6 billion.


Hong Kong stocks continued their rebound yesterday, breaking through the 50-DMA (25,910) and briefly revisiting 26,200 points before retreating to close just above 26,000. Market expectations of a meeting between the Chinese and US heads of state at the end of the month are positive for the broader market, but the Hang Seng Index faces significant resistance above 27,000. Further improvement in technical indicators is crucial for a potential breakout.


European stock markets stabilized, with UK, French, and German stocks rising 0.25%, 0.64%, and 0.29%, respectively.


The latest US corporate earnings reports were generally positive, leading to mixed performance on Tuesday. The Dow Jones Industrial Average opened flat before rising 419 points, reaching a peak of 47,125. It then retreated, reclaiming the 47,000 mark, but still achieving a record closing high. The S&P 500 dipped 0.19% and the Nasdaq Composite Index fell 0.42%.


At the close of trading, the Dow Jones Industrial Average rose 218 points, or 0.47%, to 46,924; the S&P 500 was roughly flat at 6,735; and the Nasdaq Composite dropped 36 points, or 0.16%, to 22,953.


The US dollar index rose 0.4% to 98.98, while the euro fell 0.38% to $1.1599. Bloomberg, citing sources, reported that Bank of Japan officials believe there is no need to rush an interest rate hike next week. The yen weakened as much as 0.94%, hitting a low of 152.17 per dollar. Bitcoin fell 3.25% to $107,518.

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Investment 29/4/2026

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The Hang Seng Index opened 111 points lower at 25,814 and continued its downward trend, falling as much as 316 points in the afternoon to a low of 25,609. It closed down 245 points, or 0.94%, at 25,679. The Technology Index fell 112 points, or 2.28%, to 4,827. Total market turnover was HK$262.3 billion. It is anticipated that the US and Iran will not reach a negotiation agreement soon; furthermore, the liquidity drain and the upcoming May Day holiday have contributed to the two consecutive days of decline in Hong Kong stocks. The Hang Seng Index may test the support level of the 250-day moving average (25,404), while the 100-day moving average (26,098) will turn from support to resistance. Investors should not rush into the market now but should adopt a risk-averse strategy, waiting for the Hang Seng Index to potentially fall to the 24,409 level before considering buying on dips to position for a rebound. European stocks traded mixed, with the UK FTSE 100 rising slightly by 0.11%, whil...
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Investment 24/4/2026

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The Hang Seng Index opened 64 points lower at 26,098, and the decline widened to 322 points at one point, reaching a low of 25,840. It closed down 248 points, or 0.94%, at 25,915. The Technology Index fell 98 points, or 1.98%, to 4,865. Total market turnover was HK$255.3 billion. The Hang Seng Index broke below the 16,000-point mark. However, due to the relatively lagging performance of Hong Kong stocks and stable market sentiment, a significant correction has not yet occurred. It is believed that the Hang Seng Index can hold the 250-day moving average (25,349), a key level for bull and bear markets, while facing strong resistance at 27,000 points. European stock markets showed mixed performance, with British and German stocks falling 0.19% and 0.16% respectively, while French stocks rose 0.87%. With the Middle East situation unresolved and investors awaiting the implementation of peace talks, international oil prices remained high, putting pressure on US stocks on Thursday. The Dow Jo...
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Investment 27/4/2026

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The Hang Seng Index opened 181 points lower at 25,733, and once plunged 275 points to a low of 25,639, before recovering its losses, rising as much as 89 points to 26,004. It closed the day up 62 points, or 0.24%, at 25,978; the Tech Index rose 36 points, or 0.75%, to 4,902. Total market turnover was HK$236.7 billion. For the week, the Hang Seng Index fell 182 points, or 0.69%. Hong Kong stocks rebounded on Friday but failed to recover the 26,000-point mark. The Hang Seng Index broke through the descending channel earlier this month with an upward gap (25,254 to 25,668). Last week's short-term correction to this gap followed by a sharp rebound reflects the strong support at this level. Recent geopolitical tensions have fluctuated, causing Hong Kong stocks to trade in a volatile range. Without significant positive or negative news, they are expected to fluctuate between 25,500 and 26,300 points this week. If the market can break through and hold above 26,300 points, it may test the ...
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